False SEC approval news once caused market turmoil; Ethereum ETF rumours now raise similar concerns. SEC hastens document updates for Ether ETF, hinting at possible approval despite no guarantees. Past confusions over security status linger with approval of key filings pending. Could this be another moment like we saw in the process of the Spot…
The price of Ethereum (ETH) is surging after two Bloomberg analysts dramatically changed their assessment on whether an Ethereum ETF will soon be approved by the U.S. Securities and Exchange Commission. Eric Balchunas and James Seyffart increased their outlook that a spot Ethereum ETH will be approved from 25% to 75%, citing an apparent change…
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) The global elites have various policy tools to prop up the status quo, which inflict pain now or later….
A hacker exploited Gala Games’ smart contract, minting 5 billion tokens worth $200 million, with part converted to Ethereum. The post Gala Games hit by $200 million in possible inside job appeared first on Crypto Briefing. Source link
Institutional investors have market outflows from Ethereum products ahead of the two incoming deadlines for spot ETF applications. Recent Coinshares data show continued outflow from Ethereum’s institutional products last week amid anticipation for spot Ethereum ETFs in the United States. Ethereum saw outflows of $23 million in the last seven days adding to $14 million…
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Institutional investors have entered the cryptocurrency space with force, with data suggesting that deep-pocketed investors gained interest in the space after the launch of spot Bitcoin exchange-traded funds (ETFs) in the United States, leading to whales accumulating over $16 billion in BTC since. According to data shared by cryptocurrency analytics firm IntoTheBlock, the long-awaited arrival…
Confidential UN Report Exposes Lazarus Group’s $147.5M Stolen Crypto Transfer to North Korea – AabeyLLC Crypto Home News NFT & DEFI Confidential UN Report Exposes Lazarus Group’s $147.5M Stolen Crypto Transfer to North Korea Source…
The price of Ethereum jumped 18% as the SEC reconsiders it’s position on the approval of an Ethereum Spot ETF. On Monday, new developments suggest that the U.S. Securities and Exchange Commission (SEC) might be rethinking its stance on spot Ether (ETH) exchange-traded funds (ETFs). Bloomberg ETF analysts James Seyffart and Eric Balchunas have indicated…
U.S. Bankruptcy Judge Sean Lane approved Genesis Global’s Chapter 11 liquidation plan on Friday, enabling the bankrupt cryptocurrency lender to return approximately $3 billion in cash and crypto to its creditors. This ruling means that its parent company, Digital Currency Group (DCG), will not recover anything from the bankruptcy proceedings. DCG Left with No Recovery…